The Future of the Healthcare Economy

The United States spends more on healthcare than any other nation, yet hospitals are struggling. Today, 1 in 5 hospitals are likely to close due to finances, but hospitals could safely reduce supply expenses by nearly 18 percent without seeing a negative impact on quality of care. With the $11 million in annual savings hospitals … Read more

How Apple Makes Its Money

Tech companies today are huge and are still getting bigger. One of the most famous is Apple and it has been around for decades selling scores of products and is worth, as of 2018, over $1 trillion making it the first company in history to make that mark. Apple is worth more than the GDP … Read more

German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic

Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of weak demand from Eurozone countries, U.S. threats for import tariffs, and the fallout from the … Read more

The Future of the Gaming Economy

As data scientists enhance artificial intelligence (AI), gaming will see more advancements, as well. Eventually, games will be built from scratch, completely by AI, have characters that learn and grow like humans, and games will be used to help professionals advance in their real jobs. For example, OpenAI’s Universe Program let’s self-driving car developers train … Read more

China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic

China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into the country’s economy and financial system. Also read: China’s Inflation Hits a … Read more

Various Stablecoins Make Inroads in the Shadow Side of Commerce

Stablecoins have become a staple in the world of crypto assets. Beyond being exchanges on trading platforms, however, their adoption has seemingly remained fairly limited. However, some smaller merchants see merit in these currencies pegged to the US Dollar. Stablecoins Fuel Off-the-books Trading Lanes Primarily importers and exporters of goods across Asia and Europe see … Read more